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Strategies & Market Trends : 50% Gains Investing

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To: Dale Baker who wrote (35950)12/24/2003 11:12:40 AM
From: - with a KRead Replies (3) of 118717
 
TZA story full of chicanery and back-door maneuvering, IMO.

Corporate counsel warns, TZA management resists, counsel resigns. CEO pockets $100 mil in loan sell and buy-back. Doesn't appear to see this as a transparency issue. Feds could get involved. CEO a big stakeholder and billionaire, I now learn, so getting him out might be difficult and ugly?

I can just hear Jim Cramer holding up TZA's CEO as the latest whipping boy, making the stock one of his "Danger Zones" to avoid.

Yikes, I don't like this at all. My timing sucks! Sold half my position for a 5% gain. Surprised the market hasn't punished this stock, as it's moving up off its low.

Trying not to feel like a deer in headlights with the other half...
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